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Mawson Selected to Participate in the BATCircle Consortium Finland, Total R&D Funds of CAD$756k
Mawson Selected to Participate in the BATCircle Consortium Finland, Total R&D Funds of...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"\n\n\n\nMawson Selected to Participate in the BATCircle Consortium Finland, Total R&D Funds of CAD$756k\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMawson Selected to Participate in the BATCircle Consortium Finland, Total R&D Funds of CAD$756k\nCanada NewsWire\nVANCOUVER, March 26, 2019\n\n\n\nVANCOUVER, March 26, 2019 /CNW/ - Mawson Resources Limited (\"Mawson\") or (the \"Company\") (TSX:MAW, Frankfurt:MXR, PINKSHEETS: MWSNF) announces participation in the Finland-based Battery Materials (\"BATCircle\") research and development (\"R&D\") consortium, providing recognition that Mawson's 100% owned Rompas-Rajapalot project is a significant and strategic gold-cobalt growing resource for Finland.\n\n \n \n\n \nHighlights:\nMawson selected to be a participant of Finland's BATCircle consortium, a program designed to value-add to the Finnish battery metals circular economy; R&D funding for the BATCircle research project for Mawson's Rompas-Rajapalot project is €500,000 (CAD$756k) including the Company's contribution of €250,000 (CAD$378k) on a 50:50 funding basis to conduct advanced exploration and metallurgical studies on the Rompas Rajapalot gold-cobalt project; Mawson's Rajapalot project is a significant and strategic gold-cobalt resource for Finland with the maiden resource positioned as one of Finland's current top three gold resources by grade and contained ounces and one of a small group of cobalt resources prepared in accordance with NI 43-101 policy within Europe.Michael Hudson, CEO states, \"Mawson's Rajapalot project is a strategic gold-cobalt project for Finland and we are honored to participate in the BATCircle consortium. Equally, we are encouraged by the vision of Business Finland to stimulate the dominant and growing role Finland plays in a modern and sustainable supply chain for battery metals. The battery supply chain, through to the customer, is demanding sustainable and ethically sourced metals and minerals, and the Finnish ability to deliver against these demands is a unique and competitive advantage.\"\nBATCircle was...